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Government hikes price of non-subsidised LPG cylinder by Rs 38.50

Speed News Desk | First published: 31 October 2016, 22:06 IST
Cylinders-ANI
Photo: ANI

The government today gave a strong jolt to the households after it hiked the prices of non-subsidized LPG cylinders by Rs 38.50 per unit.

The increased will be applicable from 31 October midnight. In Delhi, a cylinder will now cost Rs 529 per unit.

The three fuel retailers - Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum - revise jet fuel and non-subsidised LPG prices on the first day of every month, based on the average international price in the preceding month.

According to a NDTV report, prices in other major cities will be: Rs 551 in Kolkata, Rs 531 in Mumbai, and Rs 538.50 in Chennai, Indian Oil said.

In another move, prices of subsidised LPG cylinders were also raised by about Rs 2 per cylinder. After this revision, subsidised LPG will cost Rs 430.64 per cylinder in Delhi.

First published: 31 October 2016, 22:06 IST
 
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